The index of stock prices of the Casablanca stock exchange recorded the fourth largest increase, or 5.51%, after the stock exchanges of Saudi Arabia (+5.7%), Amman (+7.93%) and Beirut (+11.66%), said the AMF in its recent report on the performance of Arab stock markets.

The AMF-COM composite index rose, overall, by 5.5% at the end of Q2-2021, reflecting the continuation of the upward trend in Arab stock markets observed since the end of 2020. The stock market indices benefited from the good performance of foreign investments and the continued improvement of the indices of the world financial markets.

The market capitalization of listed Arab companies recorded a quarterly increase of 4.49% to 3,555.6 billion dollars, noted the AMF, specifying that the market capitalization in Casablanca has improved by 5.7 billion dollars.

The transactional volume at the level of all Arab financial markets reached $240 billion in Q2-2021, the report added, noting that 8 Arab stock exchanges including Casablanca experienced an increase in transactions.